$ZEN STRUGGLING TO HOLD GAINS – BOUNCE OR FADE?
$ZEN/USDT is trading at $10.00, after a strong rally earlier in the session. However, price is now consolidating near local support, and momentum is stalling below short-term resistance.
Key Technical Levels
• Resistance:
• $10.20 – Immediate resistance
• $10.60 – Mid-level barrier
• $11.00 – Key breakout zone
• Support:
• $9.80 – Near-term support
• $9.40 – Strong downside level
Bullish Targets (if upside resumes):
• TP1: $10.20
• TP2: $10.60
• TP3: $11.00
Bearish Targets (if support fails):
• TP1: $9.60
• TP2: $9.40
A move above $10.20 may reignite bullish momentum. Failure to hold $9.80 could trigger a deeper retracement. Watch volume and order flow at these levels.